The Process of Examining an Incident Candidate and Determining Whether

question 67

True/False

The process of examining an incident candidate and determining whether it constitutes an actual incident is called incident classification. _________________________

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Definitions:

Course of Performance

A sequence of conduct between parties to a contract that is relevant to determining their rights and duties under that agreement.

Usage of Trade

Established practices or methods commonly accepted and widely adopted in a particular industry or commerce.

Parol Evidence Rule

A legal principle that prevents parties from using oral or extrinsic evidence to contradict a written agreement.

Statute of Frauds

A legal requirement for certain types of contracts, such as those involving real estate, to be in written form to be valid.